QQQ | Pullback Opportunity with Continued Growth PotentialWelcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Qqqtrends
Nasdaq100 ETF - $QQQ - LET ME TALK TO YA!Nasdaq100 ETF - NASDAQ:QQQ - LET ME TALK TO YA! 🗣️
The charts know better than any FUD FURU just using whatever data to get their point across (metrics, valuation data, economic data, and valuation formulas). Unless you can get everyone on this planet to align to include the charts you or me don't know what this market will do at the end of the day/week/month/year!
Now that we got that out of the way as a follow up to all the fear spreading top callers, lets talk about the charts!
Just like with NASDAQ:AMZN we need to give room for retests, we had an ascending triangle, our H5 Indicator stayed green and so we gave the candlestick and ascending triangle pattern retest some wiggle room! Thus allowing for the bounce off the H5/ 9Ema and breaking back out over top of the pattern which is HIGHLY BULLISH as we have a successful retest now. I expect to claw back to ATH's now very soon!
Williams R% is also respecting the consolidation box and uptrend at the same time as seen on the chart. No bullet points just a lot of words and thoughts! Here's a chart too:
🎯$560
🎯$580
NFA
QQQ I Continued growth within the ascending channelWelcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
$QQQ $NASDAQ : WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE! NASDAQ:QQQ NASDAQ:QQQ WE WILL BE AT ATH'S NEXT WEEK. HERE IS THE CURE!
In this video, we will discuss the following
1.) We will look at the technicals and charts while going over multiple indicators and patterns pointing us in one direction on the markets...HIGHER
2.) Stick around to the end of the video as I give you the CURE to the markets' 3-5% pullback from recent highs, which will indeed take us to ATHs next week!
Drop a comment below if you learned something new or want a deep dive into anything discussed in this video today.
Stay tuned for more.
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NFA
Nothing More Than What I See!!!Well folks, I really put it out there today... 4 chart expectations...
Last but not least, let's talk about NASDAQ:QQQ I am about a week late to this party and may have to readjust sooner than later on this one...
I laid out some support levels in dark blue...
Looks like Sloping Support is in tact...
Visual test of Triple Top, does it break upward from there???
Anyone ever heard of Higher Lows???
I am Very Comfortable snagging NASDAQ:QQQ 494C expiring 9/27 on another Run To ATH
Again, I don't know a darn thing... I'm just sharing what I see... Sorry for yall, the optometrist says I need glasses!!!
I am by no means a professional investor, stock analyst, or financial advisor... I am a tier lower than an amateur beginning trader, so please do not jump into any recommended trades without doing your own research!
Elliot Wave Analysis/Prediction of QQQ Chart (Monthly Timeframe)Overview
The Invesco QQQ Trust (QQQ) chart presents a well-defined Elliott Wave structure over the long term, suggesting a robust bullish trend. Additionally, the RSI is indicating interesting channel movements that reflect changes in market momentum.
Key Points:
Elliott Wave Analysis:
The chart displays a clear Elliott Wave pattern:
Wave I started the initial uptrend ($168-$407)
Wave II was a corrective phase, resetting the trend. ($407-$254)
Wave III marked a significant bullish run, reaching new highs. ($254-$550expected)
Wave IV will be a minor corrective phase with support around $450-410 before the anticipated Wave V.
The potential for Wave V suggests further upward movement, continuing the long-term bullish trend. From the lows of Wave IV, we expect to see 80% appreciation before May 2027
RSI Trend:
The RSI is currently around 72.00, which is in the overbought territory, indicating strong bullish momentum.
The RSI has been moving within a rising channel, suggesting increasing momentum over the recent months.
Historical RSI movements show that the QQQ tends to pull back slightly when RSI reaches these levels before continuing the upward trend.
Support and Resistance:
Immediate support can be found around the $450-$410 level, aligning with the previous consolidation zone and the potential Wave IV corrective phase.
Resistance is projected at the current all-time high around $483, with further potential to reach higher levels if Wave V unfolds as expected.
QQQ Jan 26th, after the close updateSharing my usual QQQ chart with weekly and daily levels (they get updated every Monday for Weekly and every day for Daily)
#QQQ is in an ending diagonal, bull flagging, so early next week price action is important.
Should break above or fail on a grand scale!
Below 420.50 will trigger a strong selloff down to 412!
QQQ to $335 is likely what we're about to Witness!Investors who want to take advantage of what happened today can short the QQQ at the September 15, expiration and hedge with short SQQQ at the July 21 expiration. Delta neutral positions would be the best.
Check out the Equity Channel Podcast on Apple, Amazon and Spotify for more quality information on trading and investing.
QQQ Facing A SlowdownIt has been four months since my bottom call of the QQQ (the purple vertical line) . In that post i've discussed two types of correction. One of the scenario's is on the chart still. For the other, see my previous post .
It looks like it is time to take some profits from that trade (if you've managed to take the trade four months ago), as the price is touching the lower resistance level.
For me, this is also one of the most intresting resistance levels as it is close to the previous all time high. If the index manages to break this one, new all time highs are extremely likely, but it is too early to say for certain.
QQQ I Short-term short from resistance zone Welcome back! Let me know your thoughts in the comments!
** QQQ Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Buying TQQQ @ $18.00 I am starting a small hedge on TQQQ. If you don't know, I flip from buying SQQQ and TQQQ.
Our 4-hour chart is signaling a slow of momentum downward, as well as what may be the start of a pullback.
We're currently in a major area of support. We just broke underneath the Keltner Channel and we'll have to retest resistance to move back into it to signal the start of a reversal.
Our MACD and TSI indicators are signaling a slow down and potential crossover, which will be bullish.
I believe we'll retest the resistance of the 200-day EMA. We also have a thin band of resistance in our Ichimoku indicator to take into consideration.
Nasdaq Analysis 16.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
QQQ / Nasdaq / NQ - Interesting Perspective w/ Parallel ChannelsHere is an interesting perspective - if you're familiar with pitchforks and parallel channels and how to appropriately use them, here I'm using the similar knowledge of that mixed with parallel channels to create this. Pay close attention to the circles and how many times it entered that channel and broke out.
A trading channel is drawn using parallel lines that follow the price floor (support) and price ceiling (resistance). With a trading channel, smart traders sell stocks at the upper resistance line, hold stocks within the parallel trend lines, and buy stocks at the lower support lines.
NASDAQ:NDAQ NASDAQ:QQQ